HCM II Acquisition Corp. Unit Net Assets
HCM II Acquisition Corp. Unit net assets. Based on the latest financial reports, HCM II Acquisition Corp. Unit (HONDU) has net assets worth $228.11 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($243.10 Million) and total liabilities ($15.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HCM II Acquisition Corp. Unit (HONDU) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $228.11 Million |
| % of Total Assets | 93.83% |
| Annual Growth Rate | 2798.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1528304.72 |
Net Assets of HCM II Acquisition Corp. Unit (2021–2024)
Net assets of HCM II Acquisition Corp. Unit from 2021 to 2024. This chart illustrates how HCM II Acquisition Corp. Unit's net assets have evolved over time, based on quarterly financial data. See HCM II Acquisition Corp. Unit balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for HCM II Acquisition Corp. Unit (2021–2024)
The table below shows the annual net assets of HCM II Acquisition Corp. Unit from 2021 to 2024. For live market cap and overall valuation, see HCM II Acquisition Corp. Unit (HONDU) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $224.89 Million | -20.15% |
| 2022-12-31 | $281.64 Million | +3056589.29% |
| 2021-12-31 | $9.21K | -- |
Equity Component Analysis
This analysis shows how different components contribute to HCM II Acquisition Corp. Unit's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1029060000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
HCM II Acquisition Corp. Unit Net Assets Breakdown (December 2024)
HCM II Acquisition Corp. Unit net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $235.19 Million | 104.58% |
| Total Equity | $224.89 Million | 100.00% |
HCM II Acquisition Corp. Unit Competitors by Market Cap
The table below lists competitors of HCM II Acquisition Corp. Unit ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
$525.10 Million |
|
Keeson Technology Corp Ltd
SHG:603610
|
$525.32 Million |
|
TINC Comm VA
BR:TINC
|
$525.58 Million |
|
Jiangsu Yike Food Group Co.Ltd
SHE:301116
|
$525.60 Million |
|
Ennis Inc
NYSE:EBF
|
$524.83 Million |
|
JinkoSolar Holding Company Limited
NYSE:JKS
|
$524.79 Million |
|
Shanghai Yongli Belting Co Ltd
SHE:300230
|
$524.78 Million |
|
Canadian Banc Corp
TO:BK
|
$524.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HCM II Acquisition Corp. Unit's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 281,643,351 to 224,887,774, a change of -56,755,577 (-20.2%).
- Net income of 3,408,788 contributed positively to equity growth.
- Other factors decreased equity by 60,164,365.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.41 Million | +1.52% |
| Other Changes | $-60.16 Million | -26.75% |
| Total Change | $- | -20.15% |
Book Value vs Market Value Analysis
This analysis compares HCM II Acquisition Corp. Unit's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 88459.14x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.00 | $21.00 | x |
| 2022-12-31 | $10516.54 | $21.00 | x |
| 2024-12-31 | $19.77 | $21.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HCM II Acquisition Corp. Unit utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (1.52%) is above the historical average (-54.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -171.33% | 0.00% | 0.00x | 37.12x | $-16.71K |
| 2022 | 5.25% | 0.00% | 0.00x | 1.06x | $-13.38 Million |
| 2024 | 1.52% | 0.00% | 0.00x | 1.05x | $-19.08 Million |
Industry Comparison
This section compares HCM II Acquisition Corp. Unit's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $226,280,269
- Average return on equity (ROE) among peers: -4.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HCM II Acquisition Corp. Unit (HONDU) | $228.11 Million | -171.33% | 0.07x | $525.00 Million |
| Artius II Acquisition Inc. (AACB) | $214.29 Million | 0.06% | 0.07x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $-27.95K | 0.00% | 0.00x | $257.26 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $237.42 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.97 Million |
| Ares Acquisition Corporation II (AACT) | $528.66 Million | 4.92% | 0.04x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $980.40 Million | -49.38% | 5.78x | $302.04K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.81 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $372.76 Million |
About HCM II Acquisition Corp. Unit
HCM II Acquisition Corp. does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2024 and is based in Stamford, Connecticut.